The Uber franchise is very well-known all around the world. Other than providing users with the opportunity of saving some money when they need a lift (the Uber option is much cheaper than calling a taxi, for example), it also provides tons of people with the opportunity to have a job.
If you are thinking of getting into business with Uber, you are in the right place because we’re about to discuss anything you need to know about how to join the Uber Franchise.
About Uber
Uber is a very well-known mobility service provider. With Uber, users can just download an app and ask for a car or schedule a lift.
On the other side of the service, there are Uber drivers that can use the app to provide the service with their own car.
Uber is very popular among people of all ages: when you need a car to go to the airport or wherever you need it, Uber is often the cheaper and quicker option: that’s what makes this service so successful all around the world.
History Of Uber
Uber started as a transportation service in 2009, even though the first beta launch happened in 2010.
Originally, the app was dedicated to luxury vehicles, but soon enough, the company launched UberX, a service that allowed users to hire non-luxury cars at a cheaper price.
The service was first launched in San Francisco and Chicago, and it was a quick success.
From that on, the company made the service available in more and more towns until it reached other countries and continents.
Today, Uber is available in America, Europe, Australia, and Asia.
Furthermore, Uber is no longer only an alternative to taxis; it is also a food delivery service: UberEat.
Uber Franchise: Business model
Uber isn’t technically a franchise, but what matters is that you can launch your Uber business if you want and if you have a car.
Uber doesn’t require a franchise fee, but it retains a commission on each drive.
Business Model | Mobility service |
Initial Investment | Have your own car |
Franchise | NO (Not technically) |
Uber Fee | Variable |
Number of drivers | 29,300 worldwide |
Revenue | 17.6 billion USD |
Training And Support From Uber Franchise
If you are interested in becoming an Uber driver, you’ll need to have your own car, and you’ll need to download the Uber app.
Through the app, you are given all the information you need to start providing your transportation service to the community, and this is all the training you’re going to receive.
After all, this is everything you need because becoming a Uber driver is very easy.
Term & Renewal
You can keep on working as a Uber driver for as long as you like. There is no renewal needed.
When you don’t want to work with Uber any longer, you can just deactivate your availability on the app and then your account.
Comparison Franchise: Uber VS Lyft
Company | Uber | Lyft |
---|---|---|
Based | San Francisco | San Francisco |
Founded | 2009 | 2012 |
Number of drivers | 29,300 worldwide | fuber4,453 USA and Canada |
Service Fee | Variable | Variable |
Franchise | NO (Not technically) | NO (Not technically) |
Revenue | 17.6 billion USD | 3.21 billion USD |
Uber Franchise: FAQ
Is Uber a franchise?
Uber isn’t technically a franchise, but all it takes to become a Uber driver and start your business is that you have a car.
How much does it cost to start an Uber business?
The only costs you need to cover are the ones related to your car and your smartphone: you’ll need both.
What is the Uber Franchise known for?
Uber is known for having revolutionized the transportation market.
It is the most successful and popular transportation app, and it keeps on offering cheaper alternatives to users that need car rides.
How many Uber drivers are currently there?
Uber counts almost 30,000 drivers working for the company.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.